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Iran-Malaysia Joint Commission to convene in near future: Envoy

The Iran-Malaysia Joint Economic Cooperation Commission will convene in the near future, Iranian Ambassador to Malaysia Marzieh Afkham said. Speaking to IRNA on Friday, Afkham said, ‘After removal of sanctions, we are seeking to prepare the ground for development of export within framework of the policies of the Economy of…

Iran Air, Airbus open new chapter in cooperation

The landing of Iran’s first purchased Airbus (A321) in the capital’s international airport has paved the way for the country’s flag-carrier airline – Iran Air to resume cooperation with the Airbus Company after 38 years, a senior Iranian official said. Speaking in a ceremony held here on the Thursday to…

Seminar of Malaysia trade opportunities with Iran held in Kuala Lumpur

A one-day seminar dubbed ‘Malaysia Trade with Iran; Opportunity for Malaysian Commercial Companies’ was held in Kuala Lumpur to introduce Iran’s capacities for investment and trade. The seminar organized by the Malaysian Federation of Producers was attended by Iran’s ambassador to the country Marzieh Afkham and a number of Malaysian…

Day Bank in transactions with 100 foreign banks

Governor of Iran’s Day Bank Ali-Reza Atefifar said on Wednesday that his bank will expand banking relations with 100 foreign banks. Atefifar told IRNA, ‘Thanks to measures adopted and the banking activities, good openings have been observed internationally, including forex activities of banks. Since start of this year (March 20),…

Airbus A321 to be delivered to Iran in days

Managing Director of the Civil Aviation Organization of Islamic Republic of Iran Farhad Parvaresh has announced that the first French Airbus passenger plane bought by Iran will be delivered to the country in the next few days. Now, an Iranian pilot, co-pilot and crew are in France to fly the…

Iran, Australia agree to launch direct flight: Diplomat

Iran’s Ambassador to Australia Abdolhossein Vahaji announced that Tehran and Canberra have agreed to establish direct flights in the near future. Talks on implementation of the agreement will be held within the next month between Iran’s Mahan Air and the Australian side, Vahaji told IRNA on Saturday. The launch of…

Min.: $8.5bn investment in industries, mines sector in 4 years

Minister of Industries, Mines and Trade Mohammad-Reza Nematzadeh says more than 8.5 billion dollar investment has been attracted just in the industries and mines sector since 1392 (2013-14), when the 11th government took office. Nematzadeh told Iran’s Ambassador to Turkey Mohammad-Ebrahim Taherianfard and the staff of the economic section of…

Foreign investors flooding into Iran after JCPOA: NPC Head

Foreign investors are fooding into Iran after execution of Joint Comprehensive Plan Of Action (JCPOA), deputy Petroleum Minister and head of Iran’s National Petrochemical Company (NPC) Marzieh Shahdaei said. She made the remarks Saturday evening in a forum on the prospect for petrochemistry in Iran which was held on the…

South Korea to construct shipyard in Iran

Daewoo Shipbuilding and Marine Engineering Company said it has signed an agreement with an Iranian state-run agency to cooperate in the development of a shipyard in Iran. According to a report by Yonhap News Agency on Thursday, the South Korean company has signed the deal with the Industrial Development and…

Rafsanjani: World business community keen on investment in Iran

Chairman of the Expediency Council Akbar Hashemi Rafsanjani said on Wednesday that the world business community is keen on economic cooperation and investment in the Islamic Republic of Iran. Speaking for officials of Azad university, he said G5+1 promised to pave the path for Iran’s active presence among seven big…